WalterMoon

RIPPLE - Price can continue to decline in channel

Giá xuống
BINANCE:XRPUSDT   XRP / TetherUS
Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊

Recently price bounced from resistance line and fell to support line, but soon bounced up from this line, making fake breakout.

Then in a short time, Ripple rose to resistance line, after which made little correction and soon broke $0.5365 level.

After this, price rose a little more, and then started to decline inside falling channel, where it soon declined to resistance area.

Later, XRP broke $0.5365 resistance level one more time and then in a short time declined to $0.4790 level.

In my mind, Ripple can make small movement up and then continue to decline in falling channel.

Also, I think that XRP can break the support level and decline to $0.4790 points support area.

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